Word: mckinsey
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...drive for success in personal computers, Hewlett-Packard had to develop a totally different kind of marketing. While previously the company had sold products mainly to sophisticated industrial users, it was now going after the mass market. First Hewlett-Packard hired the McKinsey consulting company to do a yearlong product-planning study. Then it consolidated its personal-computer operations into a new group headed by Cyril Yansouni, 41, a 17-year company veteran. Admits Yansouni: "We were dabbling in the business but not pushing really hard." Yansouni has tried to eliminate product overlaps and jazz up the company...
...Search of Excellence grew out of research begun in 1978 by Peters and Waterman for McKinsey & Co., a New York City-based management-consulting firm. After studying 43 model U.S. companies, the authors found that among other things, excellent firms stay close to their customers, encourage innovative ideas from rank-and-file employees, and experiment constantly to improve their products and services. Notes Waterman: "Our book was saying, 'Look, America, you're not so bad after all. Indeed, you've got some companies that are doing just great.' People were anxious to hear that...
...Since 1975 the price of a simple hand-held calculator has decreased from about $25 to $10. That drop has forced more than 30 Japanese companies out of the calculator business, leaving six firms at the moment. Says Kenichi Ohmae, manager of Tokyo operations for the McKinsey & Co. businessconsulting firm: "By no definition can this fierce rivalry be construed as rational long-term planning. Even the winners look less like planners than participants in a demolition derby...
English and American Literature and Languages had the largest increase, from 65 to 100, a change which Head Tutor Elizabeth McKinsey attributed to a department decision earlier this year "to remove almost all of our special course requirements." She speculated that the shift also came from "a growing number of students who are not making their concentration decision on preprofessional grounds as they did a few years...
Thackston echoed McKinsey in saying of the students, "Perhaps they're a little less concerned now with majoring in something that will take them directly to professional schools," but when asked about the reason for the increased interest, he added, "I don't have the vaguest idea--I'm as amazed as anyone else...